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Overview

Elumelu: AI, Other Emerging Technologies, Strategic Partnerships Will Drive Inclusive Growth, Sustainable Development
The Chairman, Heirs Holdings, UBA, and Transcorp Groups, Mr. Tony Elumelu, yesterday said embracing Artificial Intelligence (AI) and other emerging technologies – and fostering strategic partnerships could drive inclusive growth, create sustainable development, and unlock the immense potential in Nigeria and Africa in general.
Speaking at the graduation lecture for participants of the Executive Intelligence Management Course (EIMC) 17 of the National Institute for Security Studies, Bwari, Abuja, he also said  with the collaboration of the armed forces,  incidents of oil theft had reduced to less than 10 per cent  from 97 per cent
Elemelu said emerging technologies — artificial intelligence, biotechnology, or renewable energy — are not merely tools of convenience, but powerful engines of growth, capable of driving unparalleled social and economic development across Africa.
While commending members of the Nigerian armed forces for their dedication and role in ensuring security which he described as a cornerstone of socioeconomic stability, added “We stand on the cusp of an era where technology holds the promise of transforming the very fabric of our societies”.
Credit: Thisdaylive